BCA Sharia, the Islamic banking arm of the Bank of Central Asia (BCA), thinking machine This is to modernize our services in Indonesia.
Using Thought Machine’s cloud-based platform, vault coreBCA Syariah has launched new products such as Wadiah Savings Account, e-wallet top-up, and Hajj fee deposit service.
The bank also plans to introduce fixed deposit products and gold loans in the near future.
This partnership will enable banks to offer faster and more reliable services while quickly adapting to market changes.
Thought Machine is headquartered in London, has operations in Singapore and New York, and is a registered company in Indonesia.
The company supports a wide range of global banking clients including Standard Chartered, Lloyds Banking Group, Intesa Sanpaolo and Al Rajhi Bank Malaysia, as well as fintech banks such as Trust Bank and Atom Bank. and challenger banks.
BCA Sharia Director Lukman Hadiwidjaja said:
“Designed by technology experts, Vault Core is the next-generation core banking platform chosen by the world’s most prestigious banks. Its universal product engine enables them to accurately and quickly meet evolving customer needs. to create sharia-compliant products.
Our successful go-live marks an important milestone in our mission to significantly contribute to the development of Shariah banking in Indonesia. ”
Paul Taylor, CEO and Founder of Thought Machine, said:
“BCA Syariah has shown great foresight in leveraging the latest technology to improve the user experience.
This milestone underscores our unwavering commitment to enabling financial institutions to innovate, grow and outperform in the marketplace. We are happy to celebrate the successful launch of BCA Syariah on Vault Core. ”
Featured image credit: Edited from freepic
